Zacks Research Brokers Decrease Earnings Estimates for ICE

Intercontinental Exchange, Inc. (NYSE:ICE) – Stock analysts at Zacks Research decreased their Q1 2025 earnings per share estimates for Intercontinental Exchange in a research note issued on Tuesday, January 28th. Zacks Research analyst T. De now expects that the financial services provider will post earnings of $1.63 per share for the quarter, down from their prior estimate of $1.65. The consensus estimate for Intercontinental Exchange’s current full-year earnings is $6.05 per share. Zacks Research also issued estimates for Intercontinental Exchange’s Q2 2025 earnings at $1.61 EPS, Q3 2025 earnings at $1.67 EPS, Q4 2025 earnings at $1.75 EPS, FY2025 earnings at $6.67 EPS, Q1 2026 earnings at $1.90 EPS, Q3 2026 earnings at $1.82 EPS and FY2026 earnings at $7.40 EPS.

Several other research analysts have also recently issued reports on the company. Keefe, Bruyette & Woods reduced their price objective on Intercontinental Exchange from $183.00 to $178.00 and set an “outperform” rating for the company in a research note on Monday, January 13th. Barclays reduced their target price on shares of Intercontinental Exchange from $187.00 to $179.00 and set an “overweight” rating for the company in a report on Monday, January 13th. Royal Bank of Canada reaffirmed an “outperform” rating and set a $200.00 target price on shares of Intercontinental Exchange in a report on Tuesday, January 7th. Morgan Stanley lifted their target price on shares of Intercontinental Exchange from $160.00 to $174.00 and gave the company an “equal weight” rating in a report on Thursday, October 17th. Finally, JPMorgan Chase & Co. lowered their price target on shares of Intercontinental Exchange from $190.00 to $189.00 and set an “overweight” rating on the stock in a report on Friday, January 17th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and thirteen have assigned a buy rating to the stock. Based on data from MarketBeat.com, Intercontinental Exchange currently has a consensus rating of “Moderate Buy” and a consensus price target of $175.27.

Intercontinental Exchange Trading Up 0.2 %

NYSE ICE opened at $159.82 on Friday. The company has a fifty day simple moving average of $153.11 and a two-hundred day simple moving average of $156.35. Intercontinental Exchange has a 12-month low of $124.34 and a 12-month high of $167.99. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.68. The stock has a market cap of $91.77 billion, a P/E ratio of 37.87, a P/E/G ratio of 3.01 and a beta of 1.10.

Intercontinental Exchange (NYSE:ICE) last released its earnings results on Thursday, October 31st. The financial services provider reported $1.55 earnings per share for the quarter, hitting the consensus estimate of $1.55. Intercontinental Exchange had a net margin of 21.31% and a return on equity of 12.75%. The company had revenue of $2.35 billion for the quarter, compared to the consensus estimate of $2.35 billion. During the same quarter in the previous year, the firm earned $1.46 EPS. Intercontinental Exchange’s revenue was up 17.3% compared to the same quarter last year.

Hedge Funds Weigh In On Intercontinental Exchange

A number of institutional investors have recently bought and sold shares of the company. Janus Henderson Group PLC raised its position in shares of Intercontinental Exchange by 326.3% during the 3rd quarter. Janus Henderson Group PLC now owns 4,520,639 shares of the financial services provider’s stock valued at $726,196,000 after buying an additional 3,460,096 shares during the period. FMR LLC increased its stake in Intercontinental Exchange by 44.1% during the third quarter. FMR LLC now owns 7,846,421 shares of the financial services provider’s stock worth $1,260,449,000 after acquiring an additional 2,401,630 shares during the last quarter. Swedbank AB raised its position in Intercontinental Exchange by 2,293.3% in the fourth quarter. Swedbank AB now owns 2,215,767 shares of the financial services provider’s stock valued at $330,171,000 after purchasing an additional 2,123,185 shares during the period. Two Sigma Advisers LP lifted its stake in shares of Intercontinental Exchange by 285.9% in the 3rd quarter. Two Sigma Advisers LP now owns 1,756,400 shares of the financial services provider’s stock valued at $282,148,000 after purchasing an additional 1,301,200 shares during the last quarter. Finally, Assenagon Asset Management S.A. grew its holdings in shares of Intercontinental Exchange by 426.3% during the 3rd quarter. Assenagon Asset Management S.A. now owns 721,474 shares of the financial services provider’s stock worth $115,898,000 after purchasing an additional 584,400 shares during the period. 89.30% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Intercontinental Exchange

In other Intercontinental Exchange news, insider Christopher Scott Edmonds sold 601 shares of the firm’s stock in a transaction that occurred on Wednesday, January 15th. The shares were sold at an average price of $147.73, for a total value of $88,785.73. Following the transaction, the insider now directly owns 12,922 shares of the company’s stock, valued at $1,908,967.06. This trade represents a 4.44 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CTO Mayur Kapani sold 5,661 shares of the company’s stock in a transaction that occurred on Wednesday, January 15th. The shares were sold at an average price of $147.59, for a total value of $835,506.99. Following the completion of the sale, the chief technology officer now owns 66,548 shares of the company’s stock, valued at $9,821,819.32. This trade represents a 7.84 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 13,795 shares of company stock valued at $2,120,572 over the last quarter. 1.10% of the stock is currently owned by insiders.

Intercontinental Exchange Company Profile

Intercontinental Exchange, Inc, together with its subsidiaries, engages in the provision of market infrastructure, data services, and technology solutions for financial institutions, corporations, and government entities in the United States, the United Kingdom, the European Union, Singapore, India, Abu Dhabi, Israel, and Canada.